376.600. Penalty for violating section 376.590. - Missouri Statutes

Penalty for violating section 376.590.

376.600. Any life insurance company which may violate any of theprovisions of section 376.590, or which may permit any of its agents orrepresentatives in this state to violate said provisions, shall have itscertificate of authority or license to transact business in Missouri revokedby the state director of the department of insurance, financial institutionsand professional registration, and shall be for a period of five years barredfrom the further transaction of business in this state; and any agent,solicitor or representative in this state of any such insurance company whoshall violate any of the provisions of said section shall be deemed guilty ofa misdemeanor, and, on conviction thereof, in any court of competentjurisdiction in this state, shall be fined not less than fifty nor more thanfive hundred dollars for each such offense or imprisoned in the county or cityjail for not less than ten days nor more than six months, or by both such fineand imprisonment.

(RSMo 1939 § 5845)

Prior revisions: 1929 § 5734; 1919 § 6144; 1909 § 6939